About Frozen Avocado
The global frozen avocado market is highly competitive. Leading players operating in this market highly focus on research & development activities to explore new products. Rising growth in applications is developing by companies to strengthen their presence. The leading players are exploring the market by doing mergers & acquisitions, expansions, investments, new service launches and collaborations as their market growth strategies.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.62% |
The global frozen avocado market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Frozen Avocado market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Welch Foods, Inc. (United States), Salud Foodgroup (Netherlands), Pack’d (United Kingdom), Nature’s Touch (United Kingdom), Westfalia Fruit (South Africa) and Costco (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Buena Vida Frozen (United States), The FoodFellas (United Kingdom) and Naturo All Natural Technologies Pty Ltd (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Frozen Avocado market by Type (Flaky Frozen Avocado, Chunky Frozen Avocado and Others), Application (Food, Beverage, Seasoning and Others) and Region.
On the basis of geography, the market of Frozen Avocado has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Advancement in the Packaging Process and Increase Trends of Buying From Online Stores
Market Growth Drivers:
Rising Demand of Avocado in China, Increasing Consumer Purchasing Power and Increasing Demand for Processed Foods
Challenges:
High Cost Associated With Avocado
Restraints:
High Cost of Packaging Process Associated With the Frozen Avocado
Opportunities:
Rising Healthcare Concern in Developed and Emerging Region Such As United States, And China
Market Leaders and their expansionary development strategies
May 2022: Avocados From Mexico (AFM) announced a partnership with Apeel Sciences, a company specializing in extending the shelf life of fresh produce, to explore the potential of Apeel's technology for frozen avocados
March 2021: Melissa's Produce, a leading distributor of specialty fruits and vegetables, launched a line of frozen riced avocado under their "Melissa's" brand
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Frozen Avocado Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.